Product snapshot: Russia’s KIT Finance bets on high implied vol

Low interest rates in USD, a dovish monetary policy from the Bank of Russia and the Fed in conjunction with high volatility has made it “impossible to construct capital protected products with attractive underlyings”. In its place Russian provider, KIT Finance, has found success in offering its clients knockout products with traditionally “boring” stocks as underlyings which has helped the firm to raise over three times as much on average per product, according to KIT Fi